U.S. State Department: Iraq Aims to Boost FDI and Local Industry

The U.S. Department of State affirmed that Iraq is striving to attract foreign investments and boost local industries, particularly in the energy sector, despite regulatory challenges facing the business environment. It also noted that the Iraqi market offers promising commercial opportunities for American companies and that addressing regulatory hurdles is necessary to stimulate economic expansion. Additionally, government contracts present opportunities in the energy sector to enhance trade and investment cooperation.

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